Business For Sale · Retail

604 Broughton St, Victoria

604 Broughton St, Victoria, BC V8W1X7

$299,900 total

2,249 SF

Asset Class

Retail

Size

2,249 SF

Building class

B

Zoning

CNC — Neighbourhood Commercial

$ / SF

$133

Occupancy

83%

About this property

Opportunities like this rarely come available!! Here is your chance to purchase EBIZO SUSHI - one of the most, if not the Most Popular Sushi Restaurant in all of Victoria!!! Situated just steps from the popular tourist corridor and high foot traffic area of Government Street and Broughton Street!! This well loved and long established restaurant is on the market for the first time in over 30 YEARS! Current owner is wishing to retire and pass the baton to a new owner. PLEASE DO NOT DISTURB DURING BUSINESS HOURS. Call Today for more information!! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$300K
Down payment30% · $90K
Interest rate6.25%
Amortization25 years
Occupancy83%
Expense growth2.5%

Monthly debt service

$1K

Projected NOI

$16K

Annual cash flow

$-367

Cash-on-cash

-0.41%

DSCR

0.98

Going-in cap

5.42%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Rent roll (estimated)

TenantAreaExpiry
Aurora Legal LLP1,292 SF2033-09
Aurora Legal LLP582 SF2033-09

Area demographics

Trade area within 3 miles of the property.

Population

128,622

Households

45,007

Median income

$113,000

Median age

31.8

Daytime population

145,877

5-yr growth

0.7%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 604 Broughton St, Victoria.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.